Teachers coaching platform Center for Teacher Accreditation (CENTA) plans to collaborate with Tata Institute of Social Science (TISS) in an effort to upskill lecturers with the roll-out of credit score programs, Ramya Venkataraman, CEO, founder, CENTA instructed FE Education. By FY23, the corporate goals to shut its web income value Rs 15.56 crore (two million greenback). However, it declined to offer the precise income for FY22.
Regulatory information accessed by enterprise intelligence platform Tofler revealed that CENTA’s income from operations decreased 0.32% to Rs 1.802 crore in FY21 from Rs 1.808 crore throughout the identical interval in earlier 12 months. The firm’s web loss declined 14.46% to Rs 9.82 lakh in FY21 from Rs 1.14 crore in FY20. “We have started the proper path of monetisation very recently. Our primary focus is on revenue growth. Initially, the company plans to invest mostly in marketing, and has other major investment plans later in FY23,” she added.
CENTA claims that energetic customers have grown 10 occasions to 80,000 in FY22 from 8,000 in FY21. The firm goals to succeed in 4 lakh energetic customers in FY23. Currently, the platform claims to have a consumer base of seven lakh lecturers and expects it to develop by 185.71% to twenty lakh by the top of FY23. CENTA claims to offer subscriptions to people in addition to collaborate with colleges, ed-techs and state governments. “The collaborations with schools, government, ed-techs are majorly for valuation purposes under which the institutions provide recognition to the CENTA certified teachers,” Venkataraman elaborated.
The firm claims to run three verticals, which incorporates instructor coaching, instructor certification and skill-based coaching. “The low-priced products range from Rs 300-8,000, which includes course-based training, CENTA Teaching Quotient (TQ), and other learning contents. For high price products, price ranges from Rs 20,000-40,000, which includes postgraduate certificate programs, school leadership programmes, early childhood educators programmes,” Venkataraman famous.
Currently, the corporate claims to have partnered with round 11,000 colleges, 10 ed-tech companies and eight state governments. According to the corporate, in April 2022, Haryana has accepted CENTA certification for presidency lecturers choice throughout the state.
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Source: www.financialexpress.com”
